PGIM India Balanced Advantage Fund Direct Growth

PGIM India Balanced Advantage Fund Direct Growth

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Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 14.1 as on 20-02-2024
Fund Performance
zero opening, trading, fund transfer fee
32 people have invested ₹ 14.6L in PGIM India Balanced Advantage Fund Direct Growth in the last three months

About the PGIM India Balanced Advantage Fund Direct Growth

PGIM India Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on 4 February, 2021. The fund is managed by Puneet Pal, Anandha Padmanabhan Anjeneyan, Hitash Dang, Vinay Paharia. This fund gives you the benefit of diversification.

Key Parameters

  1. PGIM India Balanced Advantage Fund Direct Growth has ₹1228 Cr worth of assets under management (AUM) as on Jan 2024 and is less than category average.
  2. The fund has an expense ratio 0.4.

PGIM India Balanced Advantage Fund Direct Growth Overview

Expense ratio
Expense ratio
0.41%
Benchmark
Benchmark
CRISIL Hybrid 50+50 - Moderate TR INR
AUM
AUM
₹1228 Cr
Inception Date
Inception Date
4 February, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0.5%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
211.63%

PGIM India Balanced Advantage Fund Direct Growth Distribution as on (31-Jan-24)

  • Equity 72.7%

  • Debt & Cash 27.3%

Size breakup

Large cap
50.3%
Mid cap
19.3%
Small cap
3.1%
Sector Allocation

Jan'24

Dec'23

Nov'23

Financial Services
33.5%
Industrial
13.8%
Consumer Cyclical
10.2%
Health
10.1%
Energy
9.2%
Tech
8.5%
Basic Materials
7.2%
Consumer Defensive
5.2%
Utilities
2.3%

Top Holdings of PGIM India Balanced Advantage Fund Direct Growth as on (31-Jan-24)

  • Equity

  • Debt & Cash

Equity Holdings48
Debt Holdings35

PGIM India Balanced Advantage Fund Direct Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 1.2K Cr
₹ 1.3K Cr
₹ 1.3K Cr
  • AUM of the fund stands at 1.2K Cr as of Jan'24
  • AUM decreased by 46.1 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

PGIM India Balanced Advantage Fund Direct Growth Fund Manager

Puneet Pal
Puneet Pal
Fund Manager of PGIM India Balanced Advantage Fund Direct Growth, since 1 December 2021
Anandha Padmanabhan Anjeneyan
Anandha Padmanabhan Anjeneyan
Fund Manager of PGIM India Balanced Advantage Fund Direct Growth, since 1 April 2023
Hitash Dang
Hitash Dang
Fund Manager of PGIM India Balanced Advantage Fund Direct Growth, since 1 June 2021
Vinay Paharia
Vinay Paharia
Fund Manager of PGIM India Balanced Advantage Fund Direct Growth, since 1 April 2023

PGIM India Balanced Advantage Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 12.09% since inception which is less than its category average return of 12.19%
Fund Allocations

Fund Allocations

This fund has an allocation of 72.71% in Equity, 13.4% in Debt and 13.89% in Cash related instruments
AUM size ₹1228 Cr

AUM size ₹1228 Cr

This fund has AUM of ₹1228 Cr which is less than its category average of ₹ 8132 Cr
Expense Ratio 0.41%

Expense Ratio 0.41%

This fund has an expense ratio of 0.41% which is less than its category average expense ratio of 1.35%

Frequently Asked Questions

The current NAV of PGIM India Balanced Advantage Fund Direct Growth is ₹14.1 as on 20-Feb-2024.
Existing (Absolute + CAGR) as on 20-Feb-2024.
PGIM India Balanced Advantage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.22%
1.22%
6 Month Returns
8.26%
8.26%
1 Year Returns
18.31%
18.31%
3 Years Returns
39.13%
11.64%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.41% as on January 2024
₹1228 Cr as on January 2024
Reliance Industries Ltd(6.71%), HDFC Bank Ltd(5.68%), ICICI Bank Ltd(5.62%), 7.38% Govt Stock 2027(2.93%), Bajaj Finance Ltd(2.89%) as on January 2024
Financial Services(24.39%), Government(14.75%), Industrial(10.02%) as on January 2024
AAA
100
Puneet Pal, Anandha Padmanabhan Anjeneyan, Hitash Dang, Vinay Paharia are the fund managers of PGIM India Balanced Advantage Fund Direct Growth
The Exit load of PGIM India Balanced Advantage Fund Direct Growth is 0.5%